But he said on Monday that his job was made more difficult by those who question the fees he receives.
"If an institution is earning 1.5 percent on client investment assets, as an investor I would want to question the fees I was being charged, as they are clearly too high," he said.
People questioned the fee.
The Assembly has approved a plan that would increase auto registration fees by $8 to pay for the changes, though the measure has stalled in the state Senate, where Republicans have questioned the fee.
Last Friday the United manager branded his counterparts from Arsenal and Liverpool "not ethical" after they questioned the fee his club were reportedly set to spend on bringing Pogba back from Juventus.
"We have to respect a lot the freedom that any person has in this country," Mr. Golborne said Sunday in response to a question about the fee solicitations.
Let's put aside the question "should the fee exist in the first place?" since, well, it does exist, and its existence isn't up for debate right now.
"By simply asking the questions, the fees will come down," he said.
In a hearing this past summer, Judge Jed S. Rakoff, a federal judge in Manhattan who was presiding over a Madoff trustee lawsuit against several bank defendants, questioned the fees piling up in the case.
Pensions trustees now question the higher fees charged for active fund management.In an attempt to revive fortunes, some established fund managers are expanding into alternative investments, such as hedge funds and private equity, where fees are more rewarding than for conventional money management.
